We are able to offer car finance to customers who struggle to get loans through mainstream lenders.
We do not offer guaranteed approval for car finance to our customers, and we would advise you to be careful when considering using a car finance company that promises guaranteed car finance to anyone in any circumstances if you have experienced bad credit in the past.
Why? Because like all direct lenders, we have approval criteria that have to be met before we can approve a customer for car finance with poor credit.
The difference with Go Car Credit is that your application for car finance is not based solely on your credit score.
Step 1: Calculate your monthly repayments
Step 2: Apply and track your application online, in real time (No login or app needed!)
Representative example – Total amount of credit £10,000, annual interest rate 18.25% (fixed), charge for credit £9,430 (£9,125 interest, £295 admin fee and £10 option to purchase fee), total amount payable £19,430. Loan term of 60 monthly instalments, 59 payments of £323.67 and 1 final instalment of £333.47. 36.1% Representative APR – Subject to status and affordability
We are able to work with you to ensure we understand the full picture of your financial situation and your bad credit profile.
We want to help our customers re-establish their credit, and this means we have to look at the customers current financial situation to understand whether they are able to afford the car finance, and pay it back within the term agreed if they have experienced bad credit in the past.
We also have set vehicle criteria which has to be met, so we are confident that our customers have a car that will be suitable for them and meets their requirements if they have experienced bad credit.
Your current circumstances including employment, income and expenditure all have to be taken into consideration before being approved for bad credit car finance.
Our car finance is available to residents throughout the UK – specifically in England, Scotland and Wales – and do not extend to Northern Ireland.
We are regulated by the Financial Conduct Authority (FCA). Their aim is to “make sure that financial markets work well so that consumers get a fair deal”, which means we must adhere to their strict regulations when it comes to providing consumers with finance. By being FCA regulated means that you can buy with confidence.
Once you’ve been approved for finance, you are under no obligation to accept. We want our customers to make the right decision for them when purchasing a new car with previous bad credit.
You should be aware that it is misleading and potentially unlawful for businesses to advertise guaranteed car finance. Under the Consumer Credit (Advertisements) Regulations 2010, any finance terms advertised must genuinely be available to a representative proportion of applicants — not simply offered to anyone, regardless of their financial situation or credit history.
If a finance provider claims they can offer car loans with no credit checks or to everyone who applies, we would question whether this is an ethical or responsible way to operate. A lender who doesn’t assess whether you can afford the finance could be putting you at risk of financial harm.
That said, if you’ve experienced credit issues in the past — such as CCJs, defaults, arrears, IVAs, or bankruptcy — it doesn’t necessarily mean you won’t be able to get car finance through us. We specialise in helping people with bad credit, and we look at your current circumstances to make an informed, fair decision.
There is no need for a deposit, and our black box car finance allows us to offer car loans to those who may have previously had their application rejected by others.
If you can put down a deposit, this will reduce your monthly repayments. You may also be able to offer your current vehicle as a part exchange towards your new car.
We have provided hire purchase car finance to many of our customers who may have been refused by other lenders due to their stricter criteria for applicants.
We consider all incomes, including benefits and self-employment when calculating your loan amount and agreeing with you the set monthly repayments you can safely afford.
Our car finance process is as simple as possible and our friendly staff are here to help you every step of the way from applying online to driving away in your new vehicle.
